"The firm has too much cash - almost $US250 billion - growing at $US50 billion a year".
Citigroup's Suva and Merchant ranked Netflix ahead of Disney, Electronic Arts, Activision, Take-Two, Tesla and Hulu among Apple's potential acquisition targets. Before that upgrade, another analyst suggested there's a relatively high probability we will see Apple buying Netflix. Apple wants to get benefited from this by using its $252 billion cash stored in foreign jurisdiction. But a pair of analysts from financial giant Citi think there's a good chance Netflix itself may soon become part of an acquisition that eclipses the Disney/Fox deal: they believe there's a 40 percent likelihood that Apple will acquire the streaming service.
This may not be the case for long though, as a newreport claims that Apple might be looking to turn Netflix from foe to friend by acquiring it outright.
Besides the Apple-Netflix speculation, the streaming company's shares may have also been boosted by Macquarie Research's recommendation in a note written to clients on Tuesday.
As to how much a Netflix acquisition is going to cost Apple, the analysts estimate about a third of the company's total war chest will be spent, Ubergizmo reports. Under the new taxing rules, Apple will be able to repatriate about $220 billion in cash to the US. It'll have money to burn, and spending it to disturb the streaming market seems like a very Apple thing to do. Let us know below.
There is no indication as well of where Apple is planning to showcase the original streaming content, but rumors point towards a new updated and changed platform on Apple Music which would offer both Apple's originally produced television shows, movies and music. The boost in original content will result in a $2 billion saving in licensing fees, the analyst said.
If Kendall Jenner is pregnant - and again, that's a big if - she would be the fourth sister to now be expecting a child. Body-shaming is never acceptable, and fans need to keep that in mind with regards to their social media interactions.
The officers "were shot very, very quickly", Spurlock told reporters. 2 civilians also shot by suspect. The sheriff's office has issued a "Code Red", instructing residents in the area to shelter in place.
The Mega Millions drawing will take place Tuesday night, offering players an annuity jackpot of $343 million, paid over 29 years. The Powerball and Mega Millions jackpots remain on the rise, with the jackpots approaching $800 million combined.
A Staten Island grand jury declined to indict Pantaleo in 2014; the officer remains on modified duty. "She left on her own terms". When Erica Garner gave birth to a son in August, she named him after her father.
Mission in Turkey as well as allegations against U.S. citizens in the country, which sparked the crisis in October . The U.S. remains concerned about the existing allegations against workers for the U.S.
In 2017, Cook received a previously disclosed $ 89 million stock payout as part of a welcome package dating back to 2011. The personal travel costs are added to Cook's overall taxable income for the year.
Garry Kasparov heaped praise on Anand, saying the title is a ideal answer for everyone who wanted him to end his career. Anand beat Fedoseev 2-0 in the two-game tie-break to ensure that his awe-inspiring show reaches its logical conclusion.
Buzbee is a high-profile attorney who hosted Donald Trump at his home for a presidential campaign fundraiser in 2016. Layman said at her probable cause hearing that she has been a court reporter for nine years, KHOU reported .
All you need to know about Nokia 6 (2018)
The model is powered by an octa-core Qualcomm Snapdragon 630 SoC, which is clocked at 2.2GHz, and has 4GB of LPDDR4 RAM. The upcoming Nokia 6 (2018) first dropped by TENAA last month, and now, the authority added more information.
And an innocent man ends up dead
U.S. authorities are investigating a police shooting that claimed a man's life during a so-called " swatting " prank. The hoaxers will also change their caller ID to reflect that they are loocal, thus confirming the call's legitimacy.
Kids barred from hospital visits as flu numbers rise
But it's hard to track exact numbers because only a certain percentage of people with flu symptoms go the hospital for testing. This season's vaccine is only 10 percent effective against the H3N2 strain in Australia, the dominant strain of influenza.
Amazon's Echo Dot speaker literally sells itself
Amazon said 2017 was its biggest holiday season with customers all around the world shopping at record levels. Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999.
Kentucky woman killed 'savagely' in dog attack identified
Around 10.20am, brother-in-law James Saylor called police to tell them that the two dogs had "savagely" attacked the couple. Investigators with the sheriff's office are warning residents no to engage with the risky animal if they come across it.
Low-key leader to be Himachal CM
Today while addressing a press conference, Thakur thanked his party's leaders after accepting his new position. He also promised to leave "no stone unturned" to meet the expectations of the Himachal's people.